{"id":106383,"date":"2022-01-26T09:30:00","date_gmt":"2022-01-26T09:30:00","guid":{"rendered":"https:\/\/essayparlour.com\/paperhelp\/?p=106383"},"modified":"2022-01-26T09:30:00","modified_gmt":"2022-01-26T09:30:00","slug":"suppose-that-american-borax-is-a-monopolist-and-that-the","status":"publish","type":"post","link":"https:\/\/essayparlour.com\/paperhelp\/business-economics-2\/suppose-that-american-borax-is-a-monopolist-and-that-the\/","title":{"rendered":"Suppose that American Borax is a monopolist and that the"},"content":{"rendered":"<table style = 'table-striped table-bordered table-hover' responsive='true'>\n<tr>\n<th>Question<\/th>\n<\/tr>\n<tr>\n<td>Suppose that American Borax is a monopolist and that the worldwide demand for borax is Q = 100 \u2013 P where Q is tons of borax and P is the price per ton. The total cost function for American Borax is TC = 10Q + 0.5Q2.<br \/>\n a. Write out the firm&#8217;s total revenue as a function of Q.<br \/>\n b. What is the profit function for American Borax?<br \/>\n c. Find the firm&#8217;s profit-maximizing quantity by applying calculus to the profit function.<br \/>\n d. Find American Borax&#8217;s profit-maximizing price and profit.<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Question<\/p>\n<p>\nSuppose that American Borax is a monopolist and that the worldwide demand for borax is Q = 100 \u2013 P where Q is tons of borax and P is the price per ton. The total cost function for American Borax <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[42],"tags":[],"class_list":["post-106383","post","type-post","status-publish","format-standard","hentry","category-business-economics-2"],"_links":{"self":[{"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/posts\/106383","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/comments?post=106383"}],"version-history":[{"count":1,"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/posts\/106383\/revisions"}],"predecessor-version":[{"id":106384,"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/posts\/106383\/revisions\/106384"}],"wp:attachment":[{"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/media?parent=106383"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/categories?post=106383"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/tags?post=106383"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}